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Green Electric

$161,700 PPP Loan in Foley, Alabama

Loan Details

Loan Number
5988167009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$161,700
Current Approval
$161,700
Forgiveness Amount
$162,962
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Green Electric
Address
9091 Hard Dr
City
Foley
State
Alabama
ZIP Code
36535-3767
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$153,441
Utilities
$1,717
Health Care
$5,123
Mortgage Interest
$727
Debt Interest
$692

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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